Meaning of “cash pile” in the English Dictionary


"cash pile" in Business English

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cash pilenoun [ C, usually singular ]

also cashpile uk us also cash mountain

informal FINANCE a large amount of money that a company has, which it can use to buy other companies, assets, etc.:

The group has a cash pile of more than $88m.
a $12m/£398m, etc. cashpile
The bank, which is sitting on a cash pile of £2 billion, has a record of completing successful mergers.

(Definition of “cash pile” from the Cambridge Business English Dictionary © Cambridge University Press)